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Multifamily

The Hepburn

631 N 4th Ave, Phoenix, AZ 85003

Listing Price: $3,600,000

Cap Rate
5.26%
Number of Units
16
GRM
13.74
Price/Unit
$225,000
Price/Gross SF
$505.62
Gross SF
7,120

Investment Overview

The Hepburn (the “Property”), a 16-unit multifamily asset, is situated among the coveted economic and entertainment prospects of Downtown Phoenix’s expanding urban culture. Set to the backdrop of the high caliber office infrastructure, the property benefits from a geographically central location offering irreplaceable walkability to all downtown has to offer.

The storied Roosevelt Row acts as the gateway to the Downtown Phoenix arts and culture scene, offering convenient access to the creative center of the region, a unique neighborhood known for public art, live music performances, art galleries, eclectic boutiques, independent businesses and much more. Located within Phoenix’s Innovation Corridor, The Hepburn has access to more than ±171,000 total employees across a roster of enduring industry leaders, including Banner Health, UnitedHealth Group, Dignity Health, Freeport McMoRan, Wells Fargo, and Quicken Loans. This impressive profile of employers is due in large part to the forward-thinking multibillion-dollar investments of the adjacent Phoenix Bioscience Core (PBC) and Arizona State University – Downtown Phoenix campus, guiding the region into an era of innovation and economic relevance.

Investment Highlights

  • Historic Downtown Phoenix
  • Walkable Proximity to Roosevelt Row
  • Access to more than ±171,000 total employees across a roster of enduring industry leaders

Exclusively Listed By

Financing By

Multifamily

The Hepburn

Listing Price: $3,600,000

Cap Rate
5.26%
Number of Units
16
GRM
13.74
Price/Unit
$225,000
Price/Gross SF
$505.62
Gross SF
7,120

Investment Highlights

  • Historic Downtown Phoenix
  • Walkable Proximity to Roosevelt Row
  • Access to more than ±171,000 total employees across a roster of enduring industry leaders

Investment Overview

The Hepburn (the “Property”), a 16-unit multifamily asset, is situated among the coveted economic and entertainment prospects of Downtown Phoenix’s expanding urban culture. Set to the backdrop of the high caliber office infrastructure, the property benefits from a geographically central location offering irreplaceable walkability to all downtown has to offer. The storied Roosevelt Row acts as the gateway to the Downtown Phoenix arts and culture scene, offering convenient access to the creative center of the region, a unique neighborhood known for public art, live music performances, art galleries, eclectic boutiques, independent businesses and much more. Located within Phoenix’s Innovation Corridor, The Hepburn has access to more than ±171,000 total employees across a roster of enduring industry leaders, including Banner Health, UnitedHealth Group, Dignity Health, Freeport McMoRan, Wells Fargo, and Quicken Loans. This impressive profile of employers is due in large part to the forward-thinking multibillion-dollar investments of the adjacent Phoenix Bioscience Core (PBC) and Arizona State University – Downtown Phoenix campus, guiding the region into an era of innovation and economic relevance.

Exclusively Listed By

Financing By

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